Mizuho Financial Group raised its consolidated earnings forecast for the fiscal year ending March 2027, increasing its net income forecast to ¥1.6 trillion. It also announced a policy of setting its annual dividend forecast at ¥200.
Mizuho Financial Group raised its consolidated earnings forecast for the fiscal year ending March 2027. The new net income forecast is ¥1.6 trillion, up from the previous forecast of ¥1.4 trillion.
Consolidated business net income was revised up to ¥1.95 trillion and ordinary profit to ¥2.18 trillion. The previous forecasts were ¥1.75 trillion and ¥1.98 trillion, respectively.
The company announced a policy of increasing its dividend forecast by ¥50 to ¥200. The upward revision reportedly reflects strong performance as well as the impact of the Bank of Japan's rate hike.